Word: loreans
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Dates: during 1980-1989
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...long-delayed trial of fallen Auto Magnate John Zachary De Lorean, 59, finally opened last week in the U.S. court house in Los Angeles, 18 months after his dramatic arrest in that city in a Sheraton Hotel room. He is charged with conspiring to distribute $24 million worth of smuggled cocaine. The evidence: five hours of videotapes and 48 audio recordings made by a paid informant and by undercover agents from the FBI and the Drug Enforcement Administration...
...many trial delays was caused by the insistence of CBS-TV on broadcasting an FBI videotape of De Lorean's arrest at the Sheraton Plaza La Reina hotel near the Los Angeles airport on Oct. 19, 1982. The tape had been made available by the ubiquitous and unsavory Larry Flynt, publisher of Hustler magazine. In the film, De Lorean talks with agents posing as drug dealers, fondles the coke packets and says, "It's better than gold." A door opens and a man enters. "Hi John," the stranger says folksily. "I'm Jerry West from...
...defense will contend that De Lorean thought he was meeting with legitimate businessmen to persuade them to invest in his car company. But De Lorean's lawyers must overcome the evidence on five hours of videotapes and 58 audio recordings that will be the heart of the Government's case. The defense will also try to destroy the credibility of a main prosecution witness, James Timothy Hoffman, a former drug dealer and onetime California neighbor of De Lorean's, who helped get De Lorean involved with the undercover agents. The defense will claim that Hoffman enticed...
Four television vans are already parked outside the federal courthouse in downtown Los Angeles. Forty-four seats in the courtroom have been set aside for U.S. and foreign news organizations. An adjoining room will hold another 60 reporters. De Lorean, who had difficulty raising his $5 million bail and is paying his high legal fees partly with loans from friends, will probably testify on his own behalf. Cristina may also be called by the defense. The drama's climactic courtroom chapter could last more than two months...
...Lorean's company filed for bankruptcy in October 1982. A grand jury is investigating allegations by creditors that some $17 million in company assets is missing...